How much will Scott Bessent's new plan cost the American people?
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August 24th, 10am: Uncertainty about the country's direction grows deeper, with the U.S. in $40 trillion of debt, mortgage rates at 6.7% and $5 a gallon for diesel. And now, the trade war with Canada is expected to make things worse. Plus, Treasury Secretary Scott Bessent is set to announce new sanctions on Iran as Tehran's new security chief threatens to fight them. And, Mark Walter is selling the Lakers to Josh Kushner and Bob Iger for $12.5 billion, as federal prosecutors reportedly look into his investment empire. Nikki McCann Ramírez, David Rohde, Dan Nathan and Sam Koppelman join The Group Chat this morning.
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